PMC will go up and down and up and down for a long time.... seems to have a happy place @ roughly 0.0005 BTC... I have been having fun with only 50 PMC playing the market a little bit. I do have some stored on paper as well. I think some folks are waiting for the lows and are stockpiling as well and soon enough the gyrations in price should not be as wide ans will trend up...

Also a large exchange will cause even bigger fluctuations in the short run... hopefully also trending up...

Eventually there will be people who will wish they had not sold so low...

I don't understand the rationale for mining this coin for tx fees. I can't imagine it's anywhere close to profitable. So basically the coin is running on hype and charitable miners?

I'm throwing about 30Gh/s at PMC and have been so for 1 week. I've mined 25.5 PMC in that time which would trade at Poloniex for 0.00969 BTC (at 0.00038). I dunno if that's good or bad, but there it is. Personally I think that in a month that 25.5 PMC is gonna be worth 3-4 times as much BTC.

I don't understand the rationale for mining this coin for tx fees. I can't imagine it's anywhere close to profitable. So basically the coin is running on hype and charitable miners?

Personally I think that in a month that 25.5 PMC is gonna be worth 3-4 times as much BTC.

All depends on how many people think that PMC is a good concept. I think its like a store of value, since coins never go up or down. Those who have invested are in early, its towards the bottom of the first page on coinmarketcap still.

I don't understand the rationale for mining this coin for tx fees. I can't imagine it's anywhere close to profitable. So basically the coin is running on hype and charitable miners?

I'm throwing about 30Gh/s at PMC and have been so for 1 week. I've mined 25.5 PMC in that time which would trade at Poloniex for 0.00969 BTC (at 0.00038). I dunno if that's good or bad, but there it is. Personally I think that in a month that 25.5 PMC is gonna be worth 3-4 times as much BTC.

This mining thing is very important !

Remember to all that PremineCoin aka PMC is mineable, also if only for transaction fees.

I don't understand the rationale for mining this coin for tx fees. I can't imagine it's anywhere close to profitable. So basically the coin is running on hype and charitable miners?

I'm throwing about 30Gh/s at PMC and have been so for 1 week. I've mined 25.5 PMC in that time which would trade at Poloniex for 0.00969 BTC (at 0.00038). I dunno if that's good or bad, but there it is. Personally I think that in a month that 25.5 PMC is gonna be worth 3-4 times as much BTC.

This mining thing is very important !

Remember to all that PremineCoin aka PMC is mineable, also if only for transaction fees.

In a way it actually simulates high difficulty and prevents anyone instamining PMC, so you can be sure your PMC won't devalue if a whale comes along to try and mine as much as they can. They'll just end up creating lots of empty blocks and get very little in the short term, and in the long term it wouldn't be very efficient for them as miners support the network and keep the txfees rolling in.